Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 10 May 2011

Reliance

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 960 is crucial for short term. Positional Traders, trade long above 960 for a target of 990. Trade short below 960 for a target of 915.

SBI

Today, 2620 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 2620 is crucial for short term. Positional Traders, trade long above 2620, for a target of 2680. Trade short below 2620 for a target of 2550.

Axis Bank

Today, 1260 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1260 is crucial for short term. Positional Traders, trade long above 1260, for a target of 1320. Trade short below 1260 for a target of 1200.

Icici Bank

Today, 1090 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1090 is crucial for short term. Positional Traders, trade long above 1090 for a target of 1125. Trade short below 1090 for a target of 1055.

Tata Steel

Today, 590 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 610 is crucial for short term. Positional Traders, trade long above 610, for a target of 630. Trade short below 610 for a target of 580.